wheat

Inflation shocks from Russia’s invasion of Ukraine are already being felt in the grain and energy sectors and could soon affect U.S. growers and consumers. Oil and gas prices are on the march, grain prices are rising to multi-year highs with Black Sea shipping blocked and war likely to prevent plantings in Ukraine or embargo Russian crops. U.S ...

The overall index of prices received by farmers in January dropped, but not by much. Gary Crawford explains while prices decreased less than 1% from December 2021, January prices were up year-over-year by 24%. If you have a story idea for the PNW Ag Network, call (509) 547-1618, or e-mail gvaagen@cherrycreekmedia... Read More ...

After productive talks with the U.S. in 2021, the Vietnamese government eliminated a 3% U.S. wheat import tariff on December 30th. Earlier this month, the first shipment of U.S. wheat purchased without a tariff arrived at a Vietnam port. The shipment contained more than 68,300 metric tons of soft white and hard red spring wheat grown in the Pacific Northwest and Northern Plains ...

International grain buyers are looking for different places to buy wheat and corn as a Russian invasion cut off Ukrainian supplies. Reuters said European Union producers like Romania and France are being used to cover some nearby shipments ...

The University of California, Davis is spearheading a five-year, $15 million research project into the impact climate change may have on wheat, and accelerating the development of varieties that will respond better to increased heat, if needed ...

Ukraine’s military shut down commercial shipping operations at the country’s ports after Russia invaded. According to Reuters the announcement comes from an adviser to the Ukrainian president’s chief of staff and stoked fears of supply disruptions from one of the world’s top grain and oilseeds exporters. Ukraine is a major ...

According to the USDA, export sales of wheat and soybeans rose while corn sales declined during the week ending on February 3. Wheat sales that week totaled 84,800 metric tons, up 48% compared to the previous week. That number was still down 75% from the prior four-week average ...

The 2021 calendar year has the honor of being the best U.S. agricultural export year, with record sales valued at $177 billion; up 18% from 2020. One reason for the record setting year was how it ended. With November sales the highest of any month in history and follow that with December, which USDA Economist Bart Kenner noted had the highest December exports on record ...

The latest World Agriculture Supply and Demand report largely focused on global market conditions. The outlook for U.S. wheat this month is for stable supplies, lower domestic use, reduced exports, and higher ending stocks. The projected season-average farm price increased $0 ...

According to U.S. Wheat Associates, wheat prices since late December have bounced up and down so far in the New Year. The ongoing tension between Russia and Ukraine is a big factor adding uncertainty and volatility to the wheat market. Both countries are major grain exporters, and the market knows that any disruption there could quickly impact supply ...